A general view of processing facilities in Tenke Fungurume Mine, one of the largest copper and cobalt mines in the world, in Southeastern Democratic Republic of Congo, on June 17, 2023.
The United States has made new financing commitments totalling $360 million towards the construction of the Lobito corridor connecting the Democratic Republic of Congo (DRC) and Zambia through Angola to global markets in a relentless push to counter the growing influence of China on the African continent.
DRC, Tanzania and Zambia are emerging as theatres of power competition in the continent owing to their rich but unexplored reserves of critical mineral resources such as cobalt, copper and lithium.
